It fell all the way to ~$22/oz in 2022.
Now it's $34/oz.
So 25% increase in value over 5 years.
FTR: Still have not bought any physical silver.
agracer said:
When I started this thread Silver was ~$27/oz.
It fell all the way to ~$22/oz in 2022.
Now it's $34/oz.
So 25% increase in value over 5 years.
FTR: Still have not bought any physical silver.
TTUArmy said:
A trivia prompt for precious metals stackers.
What is a "Phrygian cap"?
...and go!
Been saying that the inflationary 70´s will repeat, and most probably be dwarfed hugely.
— Graddhy - Commodities TA+Cycles (@graddhybpc) July 7, 2025
Posted the chart 3 years ago in linked post below when price was at bottom of the right shoulder. Then posted the chart at pink breakout and backtest. It is now up right against the 45-year… https://t.co/C53lKofBZ6 pic.twitter.com/I15OBINsFI
Bit of an old testament punishment for diluting the value of the currency or outright theft.Quote:
The act held out the threat of the death penalty to discourage any employee of the mint from secretly debasing the coins (reducing the precious metal content) for personal gain or embezzling precious metals or freshly minted coins.
If I'm not mistaken, 483 million ounces of silver were sold yesterday, within an hour, in an effort to stop this breakout in silver.
— Oren Elbaz (@thesilverhermit) July 11, 2025
This short position is now completely underwater, which means that whoever sold those ounces was either an extremely bad trader, or had no… pic.twitter.com/ePzlR9mOs6
jagvocate said:If I'm not mistaken, 483 million ounces of silver were sold yesterday, within an hour, in an effort to stop this breakout in silver.
— Oren Elbaz (@thesilverhermit) July 11, 2025
This short position is now completely underwater, which means that whoever sold those ounces was either an extremely bad trader, or had no… pic.twitter.com/ePzlR9mOs6
If we get that high, spreads are going to be WIDE.maddiedou said:
I am holding to 50.00
Now I dont have paper silver I have junk so I am hoping 50 will get me 46/47 a ounce
maddiedou said:
That has been my number from the day I started buying silver but I wanted it to be getting 50.00 announce but I know that is unrealistic
TTUArmy said:
Some wild stuff floating around the innerwebz...
- Scott Bessent as next Fed Chair. - Trump's "Yes man"
- Gold on treasury balance sheets re-valued...way up.
- All countries holding gold on balance sheets re-valued.
How would this affect:
- Inflation
- National debt
- Stock markets
- BTC
aggiebrad16 said:
I have been a bit of a silver stacker. Nothing crazy. I have started to pay attention to the Gold/Silver ratio as silver has been falling. I see all sorts of rules of when to trade your silver for gold. Anyone have any thoughts?
I was thinking of buying gold when the ratio goes south of 80.
Yukon Cornelius said:
Have any targets to sell?